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The Daily Hodl 2021-09-24 14:53:45

On-Chain Data Shows Bitcoin Supply Will Not Be Able To Meet Demand: Glassnode Co-Founder

The co-founder and chief technical officer of the crypto analytics firm Glassnode says on-chain data shows that Bitcoin (BTC) is headed straight for a supply crunch. The firm’s latest data shows nearly 2,000,000 BTC has shifted from short-term to long-term holders since April of this year. Glassnode’s Rafael Schultze-Kraft says the data clearly shows “supply […]The post On-Chain Data Shows Bitcoin Supply Will Not Be Able To Meet Demand: Glassnode Co-Founder appeared first on The Daily Hodl.

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